Licensor
/ˈlaɪsənsər/
Definitions
- (n.) A party that grants a license to another party to use intellectual property or other rights under specified conditions.
The licensor agreed to allow the licensee to use the patented technology for five years.
Forms
- licensors
Related terms
See also
Commentary
Typically used in contracts to identify the party granting rights; clarity in defining scope and limitations of the license is essential.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.